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Investing Tips for Residential Real Estate Property

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  1. Identify your investment strategy
  2. Build a network of help
  3. Select properties that have underlying value drivers
  4. Know your governmental restrictions and requirements
  5. Gather and review reports, inspections, and disclosures
  6. Inspect the property and meet the tenants
  1. Underestimate the process of due diligence
  2. Underestimate the required operating expenses
  3. Get emotionally involved
  4. Let your rent levels fall below market value
  5. Employ your tenants
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